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VISA/MASTERCARD RETURN AUTHORIZATION MANDATE

VISA/MASTERCARD RETURN AUTHORIZATION MANDATE

by Joan Winnington | Aug 2, 2019 | Credit Card Processing, Merchant Industry News

The credit card associations, Visa and Mastercard, are changing the way refund transactions are handled. The mandate was first introduced last year on specific merchants; however, it became effective on April 2019 for all merchants. This mandate applies to merchants...

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